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FM (7210) : FM GLOBAL LOGISTICS HOLDINGS BERHAD
garlic
Member Star
Posts: 109
Joined: Feb 2013
04 Feb 2013, 11:39 PMPost #1
Year ROE
2010 17.24%
2011 17.73%
2012 16.35%

PER range = 6.5 ~ 7.8

D/E Ratio = 0.23 (< than 0.50 - manageable level )

Estimated 10-year EPS growth rate = 17.6%

Using desire return rate of 10% , the intrinsic value estimated should be around RM 1.45

fair price A ( 33% off intrinsic value ) = RM 0.97

fair price B ( 33% of different between 52w high low ) = RM 0.89

Utilico Emerging Markets Limited is acquiring aggressively last month :-

Acquired 09/01/2013 92,800
Acquired 11/01/2013 112,000
Acquired 16/01/2013 51,700
Acquired 16/01/2013 51,700
Acquired 18/01/2013 83,400
Acquired 21/01/2013 461,500
Acquired 23/01/2013 116,900
Acquired 25/01/2013 18,700

if you can forgone the safety factor of 33%, worth to look for possible entry. make use of the panic selling cause by GE13 to your advantage
garlic
Member Star
Posts: 109
Joined: Feb 2013
20 Feb 2013, 05:36 PMPost #2
quarterly result improving,

the price is defending well currently.
garlic
Member Star
Posts: 109
Joined: Feb 2013
11 Mar 2013, 08:33 AMPost #3
so far safe from GE13 element & it is moving now.

long term players can look into Freight-WA for leverage play.
garlic
Member Star
Posts: 109
Joined: Feb 2013
14 Mar 2013, 08:37 AMPost #4
safe again from yesterday sell down, just gonna stick to my winner :), hope every weeks hit 52 weeks high. kikikikiki
garlic
Member Star
Posts: 109
Joined: Feb 2013
18 Mar 2013, 10:30 AMPost #5
solid like a steel also, gostan gostan a bit during panic please :).

just stick to non-index related counter during panic, should be safe from the sell down
garlic
Member Star
Posts: 109
Joined: Feb 2013
22 Mar 2013, 02:23 PMPost #6
hitting 52 weeks high again today yeah
garlic
Member Star
Posts: 109
Joined: Feb 2013
25 Mar 2013, 06:17 PMPost #7
another day of 52 weeks high....defying the GE13 sentiment yeah
garlic
Member Star
Posts: 109
Joined: Feb 2013
04 Apr 2013, 08:34 AMPost #8
so steady, "jai jai lai" ....

few times tested against GE13 sentiment, from observation, direct reaction to GE13 = negative yeah
garlic
Member Star
Posts: 109
Joined: Feb 2013
18 Apr 2013, 06:17 PMPost #9
new 52 weeks high yeah
garlic
Member Star
Posts: 109
Joined: Feb 2013
29 Apr 2013, 02:54 PMPost #10
finally see some correction, cannot going up all the way
garlic
Member Star
Posts: 109
Joined: Feb 2013
02 May 2013, 01:50 PMPost #11
one of my dark horse of 2013 !yeah

the earning report should be around 3rd week of this month
garlic
Member Star
Posts: 109
Joined: Feb 2013
08 May 2013, 11:38 PMPost #12
time for the second liners will come, watch out
garlic
Member Star
Posts: 109
Joined: Feb 2013
28 May 2013, 02:04 PMPost #13
hit my earlier target already, taken my profit & moving to other counter.

coming back soon when the price is right
Khun
Member Star
Posts: 1
Joined: May 2013
04 Jun 2013, 10:25 AMPost #14
Year ROE
2010 17.24%
2011 17.73%
2012 16.35%

PER range = 6.5 ~ 7.8

D/E R...garlic @ 04 Feb 2013, 11:39 PM


Hi garlic,

How you get the intrinsic value? Mind to share question?
i4value
Member StarMember Star
Posts: 550
Joined: Aug 2020
01 Oct 2024, 02:57 PMPost #15

FM Global Logistics – is this poised for growth?

 

Bursa FM Global Logistics suffered in 2023 due to plummeting freight rates. But there seem to be a rate recovery in 2024. With its established market position, diversified operations, and strong financial base, the company should be able to capitalize on this and turnaround FMGL’s current valuation metrics suggest that the stock is undervalued from a cigar-butt investment perspective.

1

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry

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